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Netclass TechnologyNTCL -5.70%13 Equity-to-Asset is 0.29 as of Mar. 2026, which is 47% below its 10-year median of 0.55. GuruFocus rates NTCL with a GF Score™ of 13/100. The stock has 7 warning signs investors should review. Among 2,890 Software companies, Netclass Technology ranks worse than 77.89% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Netclass Technology's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $4.60 Mil. Netclass Technology's Total Assets for the quarter that ended in Mar. 2026 was $15.82 Mil.
Therefore, Netclass Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.29.
The historical rank and industry rank for Netclass Technology's Equity-to-Asset or its related term are showing as below:
NTCL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.55 Max: 0.68
Current: 0.29
During the past 5 years, the highest Equity to Asset Ratio of Netclass Technology was 0.68. The lowest was 0.29. And the median was 0.55.
NTCL's Equity-to-Asset is ranked worse than 77.89% of 2890
companies
in the Software industry
Industry Median: 0.55
vs NTCL: 0.29
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Netclass Technology Equity-to-Asset Related Terms
Netclass Technology Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Netclass Technology's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NTCL vs SRCO, VIIQ, KWIK: Equity-to-Asset Comparison
For the Software - Application subindustry, Netclass Technology's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Netclass Technology Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Netclass Technology's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Netclass Technology's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Netclass Technology's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Netclass Technology (NTCL) has a Equity-to-Asset of 0.29 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Netclass Technology and its competitors. This is 47% below median its historical median of 0.55. Over the past decade, Netclass Technology's Equity-to-Asset has ranged from 0.29 to 0.68. According to the industry distribution chart, Netclass Technology ranks #2251 out of 2890 companies in the Software industry, placing it in the top 77.9%.
Is Netclass Technology's Equity-to-Asset too high?
Netclass Technology's current Equity-to-Asset of 0.29 is 47% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.68. The Software industry median Equity-to-Asset is 0.55. Netclass Technology's value of 0.29 is 47.3% below this industry median. Based on the distribution chart, Netclass Technology ranks #2251 out of 2890 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Netclass Technology has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Netclass Technology's Equity-to-Asset compare to SRCO and VIIQ?
According to the Software industry distribution chart, Netclass Technology ranks #2251 out of 2890 companies for Equity-to-Asset. This places Netclass Technology in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Netclass Technology's value of 0.29 is 47.3% below this benchmark. Historically, Netclass Technology's own Equity-to-Asset has ranged from 0.29 to 0.68 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.55, Netclass Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,890 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netclass Technology's current Equity-to-Asset of 0.29 is 47.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Netclass Technology and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netclass Technology's current Equity-to-Asset is 0.29, which is 47% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netclass Technology stock overvalued right now?
Netclass Technology (NTCL) has a current Equity-to-Asset of 0.29. The current Equity-to-Asset is 0.29, which is 47% below median its 10-year median of 0.55 and 47.3% below the Software industry median of 0.55. Netclass Technology's overall GF Score™ is 13/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Netclass Technology (NTCL), the current Equity-to-Asset is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Netclass Technology Inc is a business-to-business smart education specialist, providing IT solutions to schools, training institutions, corporations, public agencies and other institutions or corporate customers. It offers SaaS subscription service and application development. The solution's modules include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit blockchain system, and lecturer evaluation services.
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